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The Bayan Lepas Free Industrial Zone (Bayan Lepas FIZ) is a free trade zone within George Town in the Malaysian state of Penang. Located adjacent to the Penang International Airport and 12 km (7.5 mi) south of the city centre, it is a high-tech industrial park widely regarded as the Silicon Valley of the East. [3] [4] [5]
Bayan Lepas is a suburb of George Town in the Malaysian state of Penang.Located near the southeastern tip of Penang Island, 15 km (9.3 mi) south of the city centre, it is home to the Penang International Airport, the third busiest airport in Malaysia, as well as one of the oldest free industrial zones in the country.
Penang is a key manufacturing hub in the country and is home to manufacturing plants operated by Dell, Intel and AMD. [8] Penang and the island of Langkawi are well-known tourist destinations in Malaysia; the NCER plans to double tourist receipts and triple tourist expenditure by 2020. [2]
Part of the Penang South Islands (PSI) master plan, Silicon Island will cover an area of 2,300 acres (930 ha) and is intended to serve as an extension of the Bayan Lepas Free Industrial Zone (Bayan Lepas FIZ). [1] Reclamation of the islet is targeted to be completed by 2032.
This is an accepted version of this page This is the latest accepted revision, reviewed on 1 January 2025. Capital city of the Malaysian state of Penang For other uses, see Georgetown. State capital city and district capital in Penang, Malaysia George Town Bandaraya Pulau Pinang State capital city and district capital City of Penang Island Other transcription(s) • Mandarin 乔治市 ...
Penang's path to industrialisation began in the 1970s with the establishment of free industrial zones at Bayan Lepas and Perai. As Penang's industries rapidly scaled up the value chain, the border towns in neighbouring Kedah, specifically Sungai Petani and Kulim, also started to witness economic spillover resulting from agglomeration effects ...
Bayan Lepas is a state constituency in Penang, Malaysia, that has been represented in the Penang State Legislative Assembly since 1959. It covers the southwestern corner of Penang Island , including the old quarter of the town of Bayan Lepas and fishing villages along the island's southern coast.
The Bayan Lepas Free Industrial Zone (Bayan Lepas FIZ) in George Town was established in 1972, followed by the Perai Free Industrial Zone (Perai FIZ) in 1980. [ 73 ] [ 159 ] The zones played a critical role in reviving Penang's economy and driving the state's economic growth in the late 20th century.